Sponsored by Lane Powell
Home Must Reads Brownfield redevelopment could boost economy

Brownfield redevelopment could boost economy

| Print |  Email
Must Reads
Thursday, November 08, 2012

More brownfield redevelopment like in Portland's South Waterfront could boost the economy and provide needed housing, a Metro report says.

The Regional Brownfield Scoping Project estimates there may be as many as 2,300 properties in the region that are potentially contaminated and either vacant or underutilized. This represents about 7 percent of all commercial, mixed use and industrial zoned lands within the urban growth boundary administered by Metro.

According to the report, under land-use regulations, redevelopment of the entire inventory could yield up to 71 million square feet of new development, including 138,000 new dwelling units and work space for about 69,000 more jobs, generating nearly $1.4 billion in additional wages and as much as $427 million in new property tax revenue.

Read more at The Portland Tribune.

{biztweet}brownfield{/biztweet}

 

More Articles

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS